{"id":296459,"date":"2025-11-20T23:52:20","date_gmt":"2025-11-20T23:52:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/296459\/"},"modified":"2025-11-20T23:52:20","modified_gmt":"2025-11-20T23:52:20","slug":"in-canadas-ski-towns-buy-canadian-appears-to-be-boosting-real-estate-national","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/296459\/","title":{"rendered":"In Canada\u2019s ski towns, \u2018Buy Canadian\u2019 appears to be boosting real estate – National"},"content":{"rendered":"

This has been a start-stop year for Canada\u2019s real estate<\/a> sector, but one market is booming ahead of the winter \u2014 real estate in Canada\u2019s ski regions.<\/p>\n

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And experts say the Buy Canadian<\/a>\u00a0movement appears to be behind it.<\/p>\n

Home prices in Canada\u2019s popular ski regions rose moderately in the first nine months of 2025, a new Royal LePage report said Thursday.<\/p>\n

The report said \u201cstrengthened domestic demand\u201d due to the Buy Canadian movement is driving interest in recreational and vacation properties in Canada.<\/p>\n

The price of a single-family detached home in winter recreational markets increased 3.8 per cent compared to the same period last year to $982,000, according to Royal LePage\u2019s 2025 Winter Recreational Property Report.<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCanadians buying less and cheaper this holiday season\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

The report collected data from the top 18 skiing destinations in Canada, spread across four provinces \u2014 British Columbia, Alberta, Ontario and Quebec.<\/p>\n

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Some markets like Sun Peaks, B.C., (24.3 per cent), Canmore, Alta., (9.5 per cent) and Mont Sutton, Que., (23.6 per cent) saw significant price increases compared with the national average.<\/p>\n

\t\t\t\t\t\"For<\/p>\n

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For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.<\/p>\n

Even condo prices, which have cratered in many parts of the country<\/a>, seem to be going up in Canada\u2019s ski towns. For example, the median price of a standard condominium in Whistler, B.C., increased more than 20 per cent to $702,000 compared to the same period in 2024, the Royal LePage report said.<\/p>\n

The report also surveyed \u201crecreational property experts,\u201d 47 per cent of whom said the primary driver of inquiries from domestic buyers was the Buy Canadian sentiment.<\/p>\n

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\u201cFollowing a year of sluggish activity and stagnant prices in 2024, the real estate markets in Canada\u2019s most popular ski destinations rebounded in 2025. Modest interest rate relief and a growing Buy Canadian mindset helped reignite demand for slopeside chalets and mountain retreats,\u201d Phil Soper, president and CEO of Royal LePage, said.<\/p>\n

This contrasted with Canada\u2019s urban markets, where economic uncertainty made buyers hesitant, Soper said.<\/p>\n

\u201cBuyers seeking winter escapes are pushing ahead \u2014 demonstrating once again the resilience and enduring appeal of Canada\u2019s recreational regions,\u201d he said.<\/p>\n

The interest in Canada\u2019s recreational property market is expected to grow, with Royal LePage expecting a further four per cent increase in home prices in these regions over the next year.<\/p>\n

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Demand for winter vacation rentals is also going up, said Jayne McCaw, president of Jayne\u2019s Luxury Rentals.<\/p>\n

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\u201cWe\u2019re seeing more demand from Canadians coming for winter vacations this year, renting places for the ski season (in Canada) as opposed to going south,\u201d McCaw said.<\/p>\n

Jayne\u2019s Luxury Rentals has seen a 10 per cent increase in revenue compared to last year, she said.<\/p>\n

\u201cThere is more demand for longer bookings in the winter season. And we\u2019re just at the beginning (of the season),\u201d she said.<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBuy Canadian movement still going strong in new poll\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

This comes as data suggests Canadian snowbirds are turning away from the U.S.<\/p>\n

A recent survey by the Travel Health Insurance Association of Canada (THIA)<\/a> found most Canadians are going to be skipping\u00a0U.S. travel<\/a> this winter, with only 26 per cent saying they will head south this winter, a 37 per cent drop from last year.<\/p>\n

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The pullback is sharpest among baby boomers, traditionally the snowbird generation, with only 10 per cent planning U.S. trips, the report said, noting that this is a 66 per cent decline compared with last year.<\/p>\n

Canadians are choosing to keep their holiday spending local<\/a>, too, a survey by payment platform Square said.<\/p>\n

More than half (54 per cent) of those planning to allocate more of their holiday gifting and entertainment budgets to support Canadian-owned retailers this year say they are willing to pay up to 50 per cent more to buy Canadian, the survey said.<\/p>\n

\n\t\t&copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"This has been a start-stop year for Canada\u2019s real estate sector, but one market is booming ahead of…\n","protected":false},"author":2,"featured_media":296460,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,14169,49,48,1849,46,968],"class_list":["post-296459","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-buy-canadian","tag-ca","tag-canada","tag-consumer","tag-economy","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/296459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=296459"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/296459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/296460"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=296459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=296459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=296459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}